Melvin: Difference between revisions

464 bytes added ,  18 August 2022
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{{disaster cafe}}{{d|Melvin|/ˈmɛlˈvɪn/|n|}}
{{disaster cafe}}{{d|Melvin|/ˈmɛlˈvɪn/|n|}}


1. ''(Finance)'' A manoeuvre in which a fêted hedge-fund manager’s [[Short|shorts]] are yanked up from behind him until they are wedged uncomfortably between his buttocks and then pulled up sharply from behind up over the head, typically as a prank by a bunch of day-traders on Reddit. ''(Named for [[Melvin Capital Management LP]], the unfortunate fund to which this happened).'' Also called a “[[short squeeze]]”.
1. ''(Finance)'' A manoeuvre in which a fêted hedge-fund manager’s [[Short|shorts]] are yanked up from behind him until they are wedged uncomfortably between his buttocks and then pulled up sharply from behind up over the head, typically as a prank by a bunch of day-traders on Reddit. ''(Named for [[Melvin Capital Management LP]], the unfortunate fund to which this happened).'' Also called a “[[short squeeze|shorts squeeze]]”.


2. ''(Everyone else)'' The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”.
2. ''(Everyone else)'' The outcome of unexpectedly yanking a buddy’s underwear up from behind until it is wedged between his buttocks; a “wedgie”.
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*[[Bottom of the range]]
*[[Bottom of the range]]
*[[Roll of honour]]
*[[Roll of honour]]
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